Which of the Following Is the Most Common Form of MIS

question 116

Multiple Choice

Which of the following is the most common form of MIS?

• A) Office automation system
• B) Executive information system
• C) Group decision support system
• D) Information reporting system
• E) Transaction processing system

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Definitions:

Self Regulating

A system or market that is able to adjust and correct itself without external intervention.

Keynes

John Maynard Keynes, a British economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments.

Aggregate Demand

The total demand for all goods and services within an economy at a particular time and price level, including consumption, investment, government spending, and net exports.

Say's Law

An economic theory proposing that the production of goods creates its own demand, attributed to the French economist Jean-Baptiste Say.